The State of Victoria has been living in a public service bubble. Victoria’s net debt was $22.3 billion when the State Labor government delivered its inaugural state budget in 2015. As of FY25, Victoria’s net debt has skyrocketed to $155.5 billion and is projected to rise to $194 billion by FY29. Victoria’s dire budget situation
The post Victorian unemployment to surge as bubble bursts appeared first on MacroBusiness.